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CoinGape
2024-09-17 08:14:05

FOMC Meeting Begins Today: Why Bitcoin Might Not Benefit From Rate Cuts

FOMC Meeting Begins Today: Why Bitcoin Might Not Benefit From Rate Cuts

The FOMC meeting begins today, and the US Federal Reserve is expected to announce an interest rate cut after the two-day event. A Fed rate cut is historically bullish for Bitcoin and the crypto market, with prices likely to rise. However, renowned economist Peter Schiff has suggested that Bitcoin might not benefit from any rate The post FOMC Meeting Begins Today: Why Bitcoin Might Not Benefit From Rate Cuts appeared first on CoinGape .

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